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  • Hanmi Bank named to Piper Sandler Sm-All Stars Class of 2026.
  • This marks Hanmi Bank's second time receiving the Sm-All Stars designation.
  • The Sm-All Stars list recognizes banks under $2.5 billion that outpace peers on key performance metrics.
  • Medallion Bank priced $55 million Series G preferred stock with a 9.00% fixed dividend until 2030, then variable.
  • The Series G shares will be offered on Nasdaq under ticker MBNKO.
  • Proceeds are designated for general corporate purposes and may include redeeming Series E, subject to closing conditions and regulatory approvals.

Latest Articles

Merck Shares Rise After Partner's Lung Cancer Trial Meets Primary Goal

Merck Shares Rise After Partner's Lung Cancer Trial Meets Primary Goal

Merck & Co. shares gained following Kelun-Biotech's announcement that a late-stage study of the experimental antibody-drug conjugate sac-TMT, when given with Merck's immunotherapy Keytruda, met its primary endpoint in first-line advanced lung cancer patients without PD-L1 expression. The combination improved progression-free outcomes versus Keytrud…

Williams Says Elevated Inflation May Have Peaked, Expects Gradual Decline

Williams Says Elevated Inflation May Have Peaked, Expects Gradual Decline

New York Federal Reserve President John Williams described current U.S. inflation as "unquestionably too high" but outlined several reasons why he expects inflation to have already peaked and to decline over the coming quarters. He identified recent tariff increases, supply chain disruption, energy price spikes tied to the Middle East war and stron…

Glo Fiber Welcomes its 100,000th Customer

Glo Fiber Welcomes its 100,000th Customer

Shenandoah Telecommunications Company (Shentel) announced that its subsidiary Glo Fiber has achieved a milestone of 100,000 fiber broadband customers, reflecting robust demand for its 100% fiber optic internet services. The company emphasizes ongoing network expansion, enhanced customer experience, and long-term growth prospects driven by next-gene…

TD Cowen Lowers Evotec Rating After Q2 Revenue Miss and Downbeat Guidance

TD Cowen Lowers Evotec Rating After Q2 Revenue Miss and Downbeat Guidance

TD Cowen downgraded Evotec SE to hold and cut its price targets after the company reported preliminary second-quarter revenue below expectations and reduced full-year 2026 guidance. The revenue shortfall was driven by declines in Discovery & Preclinical and Just–Evotec Biologics businesses, while management signaled that revenue pushed from H2 2026…

SciSparc: NeuroThera Labs Announces Initiation of Phase IIb Clinical Trial at Hannover Medical School in Germany for Innovative Treatment of Tourette Syndrome

SciSparc: NeuroThera Labs Announces Initiation of Phase IIb Clinical Trial at Hannover Medical School in Germany for Innovative Treatment of Tourette Syndrome

SciSparc Ltd., through its subsidiary NeuroThera Labs, has started a Phase IIb clinical trial at Hannover Medical School in Germany to evaluate SCI-110, its cannabinoid-based drug candidate for treating Tourette Syndrome in adults. The randomized, double-blind, placebo-controlled trial builds on positive Phase IIa results and includes sites in the …

Analyst: Memory Stock Selloff Signals a Long-Term Buying Window

Analyst: Memory Stock Selloff Signals a Long-Term Buying Window

KB Securities told investors that the recent plunge in a major memory stock represents a buying opportunity over the long term, contending the drop stems from weakening sentiment rather than a change in industry fundamentals. The firm highlights an upcoming, severe DRAM shortage driven by heavy investment in high-bandwidth memory (HBM) and expects …

Osisko Gold Completes Name Change from Osisko Development

Osisko Gold Completes Name Change from Osisko Development

Osisko Gold Group Inc. completed its name change from Osisko Development Corp. to better reflect its focus on gold and precious metals development in North America. The stock ticker symbol will change to OGG on both the TSX Venture Exchange and the New York Stock Exchange. This follows shareholder and regulatory approval, and there will be no antic…

Milestone Scientific Launches First Phase of AI Strategy with Pilot Debut of Milo, an AI-enabled Digital Engagement Platform, at ASPN 2026

Milestone Scientific Launches First Phase of AI Strategy with Pilot Debut of Milo, an AI-enabled Digital Engagement Platform, at ASPN 2026

Milestone Scientific announced the launch of the first phase of its AI strategy with the introduction of Milo, an AI-powered digital engagement platform designed to improve customer interaction, accelerate commercial execution, and support long-term growth. Milo is being piloted at the ASPN 2026 conference and aims to enhance product education, lea…

UPDATE: Jet.AI Shareholders to Receive $10 Per Share in Stock and Cash as Company Signs Letter of Intent for a New $300 Million Reverse Takeover

UPDATE: Jet.AI Shareholders to Receive $10 Per Share in Stock and Cash as Company Signs Letter of Intent for a New $300 Million Reverse Takeover

Jet.AI Inc. (NASDAQ:JTAI) has entered a non-binding letter of intent for a $300 million reverse takeover transaction with a private company, projected to add approximately $10 per share in value for Jet.AI shareholders. Concurrently, Jet.AI plans to spin off its data center joint venture and beneficial ownership in AI Infrastructure Acquisition Cor…

NOMAD Power Solutions Strengthens Subsidiary Executive Leadership

NOMAD Power Solutions Strengthens Subsidiary Executive Leadership

NOMAD Power Solutions, Inc. (Nasdaq: NMAD) announced the appointments of Huda Almashhadany as Chief of Product & VP of Operations and Brian Dockendorf as Director of Service at its subsidiary Nomad Transportable Power Systems Inc. These leadership additions aim to support the company's growth and commercialization of transportable utility-grade bat…